Price for Mineral Substances Not Elsewhere Specified or Included in Denmark - 2023

Contents:

  1. Price for Mineral Substances Not Elsewhere Specified or Included in Denmark (CIF) - 2022
  2. Price for Mineral Substances Not Elsewhere Specified or Included in Denmark (FOB) - 2022
  3. Imports of Mineral Substances Not Elsewhere Specified or Included in Denmark
  4. Exports of Mineral Substances Not Elsewhere Specified or Included in Denmark

Price for Mineral Substances Not Elsewhere Specified or Included in Denmark (CIF) - 2022

The average import price for mineral substances not elsewhere specified or includeds stood at $171 per ton in 2022, which is down by -10.4% against the previous year. In general, the import price saw a abrupt setback. The growth pace was the most rapid in 2021 an increase of 11% against the previous year. Over the period under review, average import prices reached the peak figure at $373 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($294 per ton), while the price for Turkey ($80 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+0.4%), while the prices for the other major suppliers experienced a decline.

Price for Mineral Substances Not Elsewhere Specified or Included in Denmark (FOB) - 2022

The average export price for mineral substances not elsewhere specified or includeds stood at $80 per ton in 2022, with a decrease of -28.5% against the previous year. Over the period under review, the export price continues to indicate a deep setback. The most prominent rate of growth was recorded in 2014 an increase of 66%. As a result, the export price reached the peak level of $806 per ton. From 2015 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Norway ($623 per ton), while the average price for exports to Ecuador ($4.5 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Norway (-3.6%), while the prices for the other major destinations experienced a decline.

Imports of Mineral Substances Not Elsewhere Specified or Included in Denmark

In 2022, purchases abroad of mineral substances not elsewhere specified or includeds was finally on the rise to reach 64K tons after two years of decline. Over the period under review, imports, however, showed a abrupt decrease.

In value terms, imports of mineral substances not elsewhere specified or includeds expanded remarkably to $11M in 2022. Overall, imports, however, continue to indicate a abrupt contraction.

Import of Mineral Substances Not Elsewhere Specified or Included in Denmark (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sweden6.45.45.25.1-7.3%
Germany2.72.12.12.0-9.5%
Turkey1.61.21.11.95.9%
Netherlands3.00.40.80.5-45.0%
United Kingdom1.82.40.30.1-61.8%
China1.10.50.10.1-55.0%
Others0.40.30.41.244.2%
Total16.812.49.911.0-13.2%

Top Suppliers of Mineral Substances Not Elsewhere Specified or Included to Denmark in 2022:

  1. Sweden (27.5K tons)
  2. Turkey (24.1K tons)
  3. Germany (6.8K tons)
  4. Netherlands (2.8K tons)
  5. United Kingdom (0.6K tons)
  6. China (0.3K tons)

Exports of Mineral Substances Not Elsewhere Specified or Included in Denmark

In 2022, the amount of mineral substances not elsewhere specified or includeds exported from Denmark declined sharply to 6.8K tons, shrinking by -68.7% compared with 2021. In general, exports continue to indicate a sharp decline. The pace of growth appeared the most rapid in 2021 with an increase of 25%. As a result, the exports reached the peak of 22K tons, and then contracted remarkably in the following year.

In value terms, exports of mineral substances not elsewhere specified or includeds shrank markedly to $541K in 2022. Overall, exports recorded a precipitous decline. The pace of growth appeared the most rapid in 2021 when exports increased by 10% against the previous year. As a result, the exports attained the peak of $2.4M, and then contracted rapidly in the following year.

Export of Mineral Substances Not Elsewhere Specified or Included in Denmark (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sweden7228711,653160-39.5%
Norway87.230592.811710.3%
ChileN/AN/AN/A50.20%
Germany59019428532.5-62.0%
Faroe Islands80.337.132.732.1-26.3%
Finland71.775.716.911.3-46.0%
Poland24523544.95.8-71.3%
Philippines3.22.86.12.8-4.4%
EcuadorN/AN/AN/A1.80%
Netherlands83.046.69.00.1-89.4%
Others405433283128-31.9%
Total2,2872,2002,424541-38.2%

Top Export Markets for Mineral Substances Not Elsewhere Specified or Included from Denmark in 2022:

  1. Chile (2393.7 tons)
  2. Sweden (1715.5 tons)
  3. Faroe Islands (869.6 tons)
  4. Germany (519.2 tons)
  5. Ecuador (390.2 tons)
  6. Norway (188.3 tons)
  7. Philippines (134.6 tons)
  8. Finland (131.6 tons)
  9. Poland (56.3 tons)
  10. Netherlands (3.2 tons)

Source: IndexBox Market Intelligence Platform

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